No Down Payment Mortgage 100%

Not every community qualifies—but if it does, it’s the best thing since sliced bread!  Call (615) 955-0461 or email me  to see if the area you are looking in qualifies. Generous household income limits also apply and you can check them out at this link as well.  

Buyer Qualifications Highlights

No down payment required and zero move-in cost is possible

  • 30 year fixed rate loan
  • No seller contribution limit
  • 100% Loan up to appraisal allowed
  • Low .30% Annual Fee included in monthly payment
  • Finance closing costs & prepaids if appraisal Is higher than sales contract
  • No stated maximum loan amount; maximum loan based on repayment ability
  • No cash contribution required from borrower
  • No pre-payment penalty
  • Liberal income limits (by county)
  • Gift funds and grants allowed.
  • No cash reserve requirements


Property Qualification Highlights


  • Existing Home
  • New Construction
  • New Manufactured Homes (Existing MH not allowed)
  • Modular Homes
  • Town homes
  • Condos (Must be approved projects)


Prohibited Loan Purposes


  • Co-signors not residing in the household
  • Furniture and personal property
  • Income producing property and farm related facilities
  • Excess land typically exceeding 30% (Site Value) of total property value
  • Previously occupied manufactured homes…unless refinancing existing Agency loan